PYMNTS

SEPTEMBER 12, 2019

Also, Uber will reportedly fight the recent passage of controversial labor legislation in California per reports. Robert Chapman, founder of California investment firm Chapman Capital, said per reports , “It is reasonable to conclude that a relatively large acquisition by Groupon is forthcoming,”. Gavin Newsom.

California 116

California blockchain Google Payments 116

PYMNTS

JUNE 9, 2020

Rising frustration over online payment transaction limits , security and data privacy have begun to crop up now that consumers and merchants are settling into the new normal, showcasing just how rapidly the banking world is changing. Mobile and online payments are also on the rise for this same reason. and the EU.

Regulation 132

Regulation Online California Regional 132

CFPB Monitor

AUGUST 10, 2021

At the press conference, California Attorney General Rob Bonta summarized the first year of enforcement of the CCPA and provided specific examples of actions businesses have taken to rectify alleged violations following receipt of a notice of noncompliance. Enforcement updates.

California 78

California Tools Conference Policies 78

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. consumers are expected to be shopping online by 2021. Will this increasingly regulated online sales tax environment affect this growth? Online Sales Tax and Marketplaces. Online Sales Tax and SMBs. and globally.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

SEPTEMBER 24, 2019

consumers are expected to be shopping online by 2021. The ruling meant that online retailers could be mandated to collect sales tax — and taxes can be levied by states on firms that do not have physical presence in those states. The costs of compliance — both in terms of administration and financial penalties — can mount.

Taxes 116

Taxes Retail Online South Dakota 116

Payments Source

MAY 13, 2019

Manuel Alvarez, who became commissioner of the Department of Business Oversight on Monday, is the former general counsel and chief compliance officer at the online lender Affirm.

California 63

California Regulation Fintech Compliance 63

PYMNTS

DECEMBER 14, 2020

Australian Treasurer Josh Frydenberg put forward the News Media and Digital Platforms Mandatory Bargaining Code and unveiled the particulars of his roadmap for Australia to become the first nation to make online platforms pay media for news. The legislation does not specify the manner in which a payment would be handled.

Google 132

Google social media Compliance Regulation 132

CFPB Monitor

DECEMBER 8, 2022

Coupled with this addition is a breach notification exception for businesses that are (1) subject to and (2) in compliance with HIPAA’s privacy and security standards. This amendment also brings Pennsylvania law into alignment with other states, such as California, that have a similar definition of personal information.

Pennsylvania 78

Pennsylvania Data California Compliance 78

PYMNTS

OCTOBER 3, 2019

In addition to an eCommerce platform enabling cannabis businesses to legally procure inventory, Dama Financial will facilitate compliance financial transactions between B2B vendors and merchants. Amercanex will give these business owners the opportunity to maintain and grow their business operations online in a secure and legitimate way.”.

Compliance 130

Compliance Industry California Taxes 130

PYMNTS

NOVEMBER 6, 2019

Regulators, as well as merchants, are also looking for ways to break the news to end customers, who may be less aware of SCA’s potential effects on their online purchases than their financial institutions. Some SCA compliance questions are easier to answer than others. websites, even in the event of a no-deal Brexit. About The Tracker.

Compliance 111

Compliance Regulation California Online 111

PYMNTS

NOVEMBER 10, 2020

Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Further, online sellers have been tackling chargeback fraud, which could account for about 86 percent of all chargebacks. This leaves payment data vulnerable while inside the web page before it is transmitted.

Security 233

Security New York Atlanta Fraud 233

PYMNTS

DECEMBER 2, 2020

The San Mateo, California-based company said the new license would aid its expansion efforts and ensure that it can “provide a secure electronic wallet.”. PingPong is truly going global, with compliance and security placed at the heart of everything we do,” added Wang.

Fintech 158

Fintech San Francisco New York California 158

PYMNTS

MARCH 31, 2020

legislators in several states are either drafting, voting on or have passed requirements to tackle online data’s and transactions’ importance, but these laws often do not integrate well with those passed in neighboring states. The COVID-19 pandemic has led to a jump in online payments versus those made in stores, for example.

Regulation 154

Regulation Data US Washington 154

Abrigo

SEPTEMBER 14, 2022

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. In fact, it took a lawsuit initiated by a California community group in 2019 to get things moving.

Lending 195

Lending Data Regulation Community 195

PYMNTS

JUNE 14, 2018

If so, some European regulators might like what’s going on with California in regards to digital privacy. This fall, voters in California will vote on a ballot initiative called the California Consumer Privacy Act. Imitation is the sincerest form of flattery, right? Fines could cost $7,500 per violation.

California 125

California US Regulation Analysis 125

CFPB Monitor

MAY 4, 2022

California, of course, passed the California Consumer Privacy Rights Act (CPRA) via ballot initiative in 2020. With regards to the processing of personal data relating specifically to children, the CTPDA requires that businesses comply with the requirements of the Children’s Online Privacy Protection Act (COPPA). Biometrics.

Connecticut 148

Connecticut Utah Colorado California 148

PYMNTS

JANUARY 3, 2020

In today’s top payments news, Apple’s share price hit a record high above $300 on Thursday, “buy now, pay later” company Sezzle was denied a lending license from California and a European Central Bank policymaker urged area banks to seek alternatives to Libra. Online Sales Tax’s ‘Pivotal,’ Post-Wayfair 2019 — And What Lies Ahead.

CA 130

CA Lending South Dakota Apple 130

PYMNTS

DECEMBER 26, 2019

This month’s Next-Gen Sales Tax Tracker examines these compliance complexities and their impact, as well as ongoing efforts to streamline how retailers can fulfill their obligations. Easing tax compliance helps governments and retailers alike. Deep Dive : Holiday Gift Baskets, Software Bundles And A New Arena Of Tax Compliance.

Taxes 130

Taxes South Carolina Compliance Alaska 130

PYMNTS

NOVEMBER 7, 2019

Merchants in California, for example, are bracing as the state prepares to launch its California Consumer Privacy Act (CCPA), due to debut in January. The authentication challenges that SCA presents to merchants and their payment partners mean that many must significantly restructure the ways they treat online payments.

Regulation 123

Regulation Survey California Retail 123

CFPB Monitor

APRIL 14, 2021

The California Department of Financial Protection and Innovation (DFPI) has issued modifications to its proposed regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances.

CA 78

CA Regulation California New York 78

PYMNTS

JUNE 14, 2018

If so, some European regulators might like what’s going on with California in regards to digital privacy. This fall, voters in California will vote on a ballot initiative called the California Consumer Privacy Act. Imitation is the sincerest form of flattery, right? Fines could cost $7,500 per violation.

California 100

California Regulation Analysis Exercises 100

PYMNTS

APRIL 2, 2019

GrowGeneration , another industry player, announced last year that it would strengthen its position in the cannabis B2B commerce space, building out its own online marketplace and using the Amazon platform to connect its products — including soil containers, plant production supplies and soil nutrients — with commercial marijuana growers.

Fintech 176

Fintech Compliance Industry California 176

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. Consumers’ changing views are prompting MENA financial authorities to reexamine how their present regulations handle online privacy.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

JULY 15, 2020

That’s bureaucratic code for “Regulators will be checking on ‘Know Your Patient’ (KYP) compliance in the near future.” This is where medical organizations use online identity verification technologies to capture a patient’s government-issued ID and a corroborating selfie to ensure the person behind the ID is the person creating the account.”.

Data 146

Data Compliance Regulation Meeting 146

American Banker

MAY 9, 2016

State officials in California have asked top online lending firms a series of probing questions regarding their compliance with laws and regulations dealing with referral fees, bank partnerships, fair lending and other sensitive issues.

Regulation 28

Regulation Online California Lending 28

PYMNTS

DECEMBER 30, 2019

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. Aftershocks from the South Dakota v. To date 43 states and Washington, D.C. Implementation.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

PYMNTS

JUNE 26, 2019

Despite the compliance deadline being set back in 2015, many banks that offer application programming interfaces (APIs) to third-party providers and FinTech firms are still unprepared for SCA. SCA is intended to make online transactions safer for consumers. But some worry it could add friction and possibly result in fewer online sales.

California 109

California Regulation Fintech Data 109

PYMNTS

OCTOBER 6, 2016

A battle royale will take place in San Francisco next week that could change the way that gig , online and ride-sharing entities do business, according to Bloomberg. The company has done the same in Santa Monica, Southern California and may take action against New York if a state bill is signed by the governor.

San Francisco 168

San Francisco Pennsylvania Regulation Florida 168

PYMNTS

NOVEMBER 29, 2019

By some estimates, total dollars spent online through the holidays should grow by about 14 percent, to as much as $143.7 And in the wake of all those sales lies a pressing issue for merchants plying their trades online: figuring out the tax liabilities. In an interview with PYMNTS, Scott Peterson, vice president of U.S. The hard part?

Taxes 134

Taxes South Dakota New York Nebraska 134

PYMNTS

JANUARY 6, 2020

3, 2020, the California Consumer Privacy Act (CCPA) went into effect, ushering in the strongest consumer data protections in the U.S. When the Central Bank of the Republic of Turkey (CBRT) adopted PSD1 five years ago of its own accord, some Turkish FIs were perplexed. They aren’t any longer, as the wisdom of that move has become clear.

Fintech 130

Fintech Regulation California System 130

PYMNTS

SEPTEMBER 25, 2017

For example, point-of-sale provider Verifone recently announced plans to provide its payments-as-a-service (PaaS) platform to Israeli supermarket chain Shufersal — including local EMV compliance solutions, access to third-party apps and omnichannel tools for insights into customer purchases, both online and in-store.

Data 109

Data Payments California Mobile 109

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. The summit speakers included Grovetta Gardineer, the Senior Deputy Comptroller for Compliance and Community Affairs at the OCC. Finally, Adam Maarec, Of Counsel in Ballard’s D.C.

Policies 60

Policies Lending Data Online 60

PYMNTS

OCTOBER 24, 2019

Wayfair ruling gave states and cities permission to tax remote sellers and online marketplaces based on their economic participation in the state, regardless of whether they had physical presences. Online retailers aren’t sitting still when faced with new taxes — and some are even fighting back in court. online tax landscape.

Taxes 101

Taxes San Jose Kansas South Dakota 101

CFPB Monitor

NOVEMBER 3, 2021

45(a)), the Restore Online Shoppers’ Confidence Act (“ROSCA”) (15 U.S.C. §§ 8401-8405), the Telemarketing Sales Rule (16 C.F.R. § California has been particularly active with its enforcement of negative options over the past several years, including the creation of its California Autorenewal Task Force.

Policies 78

Policies Guidelines California Delaware 78

PYMNTS

APRIL 25, 2017

The charter is optional for FinTechs and is aimed at providing a stamp of approval by the OCC for having good compliance practices. Among the states that have issue with it are New York, Florida, Ohio and California. In essence with the charter, the government could weed out the good FinTechs from the bad ones.

Fintech 109

Fintech Ohio Florida Oregon 109

PYMNTS

OCTOBER 11, 2018

TheCCpress reported this past week that, according to remarks made by Santander Chief Technology Officer Ed Metzger at a California conference, combining OnePay FX and RippleNet might help speed cross-border processes. Reports said Wallex has been integrated via API with several eCommerce and online platforms.

blockchain 194

blockchain cryptocurrency California Conference 194

PYMNTS

OCTOBER 1, 2018

What would you say about a computer geek who said he could protect your online identity , and while doing do would make a bold move against the likes of Facebook and Google ? Technology that enables consumers to control their data as they shop, pay and perform other tasks online. As consumers become more cautious — cynical?

Online 100

Online Data Pennsylvania Florida 100